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Economics 1 Page

Economic Inequality. Types Of Household


Millennial Women Make Nearly as Much as Men, but Still Have Dim View of Equality

Young women just entering the work force have the narrowest pay gap with men they likely will have in their careers — but that hasn’t brightened their view of overall equality in the work place.

That’s among the conclusions of a national study out Wednesday from the Pew Research Center on attitudes toward work and pay. The center queried more than 2,000 adults ages 18 and older for the survey, and focused particularly on responses from “Millennials,” or individuals between ages 18 and 32.

The gender pay gap in the U.S. has barely budged in almost a decade, with women earning 76.5 cents for every dollar that men did in 2012, according to Census data on median annual income for full-time workers. Among workers ages 25 to 34, the hourly wage gap is considerably narrower, with women earning 93 cents for every dollar men did last year. For all workers, ages 16 and older, the hourly wage gap is wider, with women earning 84 cents for each dollar men do. However, the Pew report notes that millennials can’t necessarily count on their narrower wage gap to persist throughout their careers.

Scholars have put forth a host of reasons to explain part of the wage gap, including women choosing less-remunerative fields or positions, and taking time off to have children or care for family members.

“Millennial” women have a dimmer view of their work-place possibilities than their male counterparts, the study found, possibly influencing some of them to lower their career expectations. Among women ages 18-32, 34% said they wouldn’t be interested in becoming a boss or a top manager, compared with 24% of the same-age men who said they weren’t inclined toward such potential responsibilities.

When the reverse question was put to older workers, 58% of men and 41% of women in Generation X (ages 33 to 48) said they aspired to be the boss or a top manager some day. Among Baby Boomers (ages 49 to 67), 32% of men and 21% of women said they would like to have one of the lead jobs.

Young women were more likely than men to agree with the notion that men generally earn more than women for doing the same work, as well as the idea that being a working parent makes it harder to advance in a job or career. The researchers also point out that while 75% of young women say more must be done to foster equality in the workplace, just 15% of them say they have experienced gender discrimination on the job.

Among all workers of all ages surveyed, 73% of men and 72% of women saw male and female workers having equal access to climb to the top positions. Education played a factor in the results, with 50% of male college graduates and 71% of female college graduates saying it was easier for men to get top jobs. Among those without college degrees, 34% of men and 47% of women said the same.

Clarification: An earlier version of this post didn’t specify that the 2012 wage gap is based on median annual earnings for full-time workers. The wage gap for millennials is based on hourly earnings.


Title: Economic Inequality. Types Of Household
Length: 1 pages (283 Words)
Style: MLA


Economic Inequality. Types of household.

Despite having salaries almost equal to their male counterparts, female workers still do not view equality as being present in the workplace. The gender pay gap has not increased much for the last decade. Women choose field or positions with low remuneration. They do this so as to have time off with their children or family members. 


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